APPOINTMENT OF ANNE DIAS, CHASE CAREY, ROLAND A. HERNANDEZ AND PAUL D. RYAN TO THE BOARD OF DIRECTORS; AND ADOPTION OF TEMPORARY STOCKHOLDER RIGHTS AGREEMENT
NEW YORK and LOS ANGELES, March 19, 2019 /PRNewswire/ HalcyonTV-- Fox Corporation (Nasdaq: FOXA, FOX) (the "Company" or "FOX") announced that the Company this morning became a standalone company and, when the markets open, will begin regular trading of its Class A and Class B Common Stock ("Common Stock") on Nasdaq Global Select Market under the symbols "FOXA" and "FOX," respectively. Twenty-First Century Fox, Inc. ("21CF") completed the separation of the Company through the distribution of all of the outstanding shares of the Company's Common Stock to 21CF stockholders (other than holders that were subsidiaries of 21CF) on a pro rata basis (the "Distribution"). A portion of each share of 21CF common stock held at the time of the Distribution was exchanged for 1/3 of one share of Common Stock of the same class, and holders will receive cash in lieu of any fractional shares. 21CF distributed to its stockholders a total of 620,501,921 shares of Common Stock this morning.
Appointment of New Directors
The Company also announced the appointment of Ms. Anne Dias and Messrs. Chase Carey, Roland A. Hernandez, and Paul D. Ryan to its Board of Directors, alongside previously announced members K. Rupert Murdoch, Lachlan K. Murdoch and Jacques Nasser. Lachlan K. Murdoch, FOX Chairman and CEO, commented: "We are thrilled to welcome our new colleagues to the FOX board. We look forward to working with and being guided by them as we begin a new chapter, steadfastly committed to providing the best in news, sports and entertainment programming."
Ms. Anne Dias is the founder of Aragon Global Holdings, an investment fund focused on global media, technology and telecommunications companies, and has served as its Chief Executive Officer since 2001. Ms. Dias currently serves on the board of directors of Eurazeo SE, a multinational publicly-listed investment firm based in Paris, France, and serves as Chair of its audit committee. A graduate of Georgetown University and Harvard Business School, Ms. Dias is an adjunct professor at the Georgetown University McDonough School of Business where she teaches hedge fund investing. She serves on the Board of Dean's Advisors of Harvard Business School.
Mr. Chase Carey is the Chairman and CEO of Formula 1. Mr. Carey previously served in a number of roles at 21CF beginning in 1988, including as Vice Chairman from 2015 to 2019, as President and Chief Operating Officer and Deputy Chairman from 2009 to 2015 and as a director from 1996 to 2007. From 2003 to 2009, Mr. Carey was the President and CEO of DIRECTV, Inc. Mr. Carey has also been a director of Saban Capital Acquisition Corp. since 2016. He is a graduate of Colgate University and of Harvard Business School.
Mr. Roland A. Hernandez is the Founding Principal and CEO of Hernandez Media Ventures. Mr. Hernandez served as CEO of Telemundo Group, Inc. from 1995 to 2000 and as its Chairman from 1998 to 2000. Mr. Hernandez serves on the board of directors of MGM Resorts International, Belmond Ltd., U.S. Bancorp, and Vail Resorts, Inc. He serves on the advisory board of Harvard Law School, which he attended after graduating from Harvard College. Mr. Hernandez previously served on the board of directors of The Ryland Group, Inc., Sony Corporation and Walmart Inc.
Mr. Paul D. Ryan served as the 54th Speaker of the U.S. House of Representatives from 2015 to 2019, in which capacity he spearheaded efforts to revise the federal tax code, rebuild the national defense, expand domestic energy production, combat the opioid epidemic, and reform the criminal justice system. Mr. Ryan previously chaired the House Ways and Means Committee and the House Budget Committee. In 2012, he was selected to serve as former Governor Mitt Romney's Vice-Presidential nominee. Mr. Ryan is a graduate of Miami University, Ohio, which has also awarded him with an honorary degree.
Temporary Stockholder Rights Plan
In connection with the Distribution, the Board of Directors approved the adoption of a Temporary Stockholder Rights Agreement (the "Agreement"), effective immediately. The Agreement will expire following the next annual meeting of stockholders of the Company, unless the rights are earlier redeemed by the Company or the Agreement is approved by the Company's stockholders. In adopting the Agreement, the Board of Directors has considered that there may be significant volume of trading in the Company's shares around the time of the Distribution. The Agreement is intended to protect the stockholders of the Company during the post-Distribution period from actions that the Board of Directors determines are not in the best interest of the Company's stockholders. The Agreement is not intended to interfere with any merger, tender or exchange offer, share acquisition or other business combination transaction approved in advance by the Board of Directors, and the Agreement does not prevent the Board of Directors from considering any offer that it considers to be in the best interest of the Company's stockholders.
Pursuant to the Agreement, the Company is issuing one Class A Right for each outstanding share of the Company's Class A Common Stock and one Class B Right for each outstanding share of the Company's Class B Common Stock (together, the "Rights"), in each case as of the close of business on April 2, 2019. Initially, these Rights will not be exercisable and will trade with the Company's Class A Common Stock and Class B Common Stock.
The Rights will become exercisable only if a person or group obtains beneficial ownership (as defined in the Agreement) of 15 percent or more of the Class B Common Stock outstanding, or 15 percent or more of the Common Stock outstanding. In each such case, each Class A Right and each Class B Right will entitle its holder (except the acquiring person or group) to purchase, at the exercise price of $160 (subject to adjustments provided in the Agreement), a number of shares of Class A Common Stock or Class B Common Stock, respectively, having a then-current market value of two times the exercise price of the Right.
The Rights are not exercisable because of any current stockholder's beneficial ownership of 15 percent or more of either Class A or Class B Common Stock, unless such stockholder acquires beneficial ownership of additional shares. Additional details of the Agreement will be contained in a Form 8-K to be filed by the Company with the Securities and Exchange Commission.
The Board of Directors is also assessing the Company's capital return framework, which may include share repurchases in addition to a planned semiannual dividend. In considering any future share repurchase authorizations, the Board of Directors will, in its discretion, evaluate whether to authorize the repurchase of Class A Common Stock, Class B Common Stock, or combinations thereof based on the best interest of all stockholders. As part of this assessment, the independent directors expect to consider measures to mitigate the possibility that any significant stockholder obtains voting control of the Company without protection for other stockholders. Such measures may include requiring certain transactions to be approved by a majority of independent directors and/or by a majority of disinterested stockholders, agreements with significant stockholders to limit their voting rights, and other stockholder protections. There is no assurance that the Board of Directors will adopt any of these measures or that any significant stockholder would enter into such agreements.
MasterClass deepens curriculum in the film and television category with new acting class taught by the star of Black Swan and Jackie
SAN FRANCISCO, March 13, 2019 /PRNewswire/ HalcyonTV-- MasterClass, the online education company that enables anyone to learn from the best in the world, announced today that Academy Award-winning actress Natalie Portman's first-ever online class exclusively through its platform is now available at www.masterclass.com/np. Portman will share with students her unique approach to acting that she has honed over many years. Students can enroll in the class with unlimited access for a one-time purchase of $90, or subscribe for unlimited access to this class and all new and existing classes through the All-Access Pass for $180 per year.
Academy Award Winner Natalie Portman Joins MasterClass to Teach Acting"Natalie is thrilling," said David Rogier, co-founder and CEO of MasterClass. "She approaches each role with a ferociousness and artistry that simply make her one of the best actresses of her generation -- and she's done it without formal training. Her class dives into the craft in ways no other class has done -- teaching you how to create the career you want and to understand everything from character mapping, to dialect, to responding to your sets to green screen acting. The class will blow you away."
Natalie Portman is one of the most celebrated and versatile film actors, having acted in more than 40 films during her extensive career. After getting her start at the age of eleven, Portman made her on screen debut in the 1994 film, The Professional, and went on to hone her craft through an enormous body of work across a range of genres--from historical narratives and psychological horror to science-fiction, drama, action and romantic comedy. Portman gained worldwide prominence in 1999 when she portrayed Queen Amidala in the Star Wars prequel trilogy. The Harvard graduate earned a Golden Globe nomination for her performance in Anywhere But Here, Academy Award and Golden Globe wins for her standout role in Black Swan, and Academy Award nominations for her roles in Closer and Jackie. Most recently, Portman starred in the acclaimed sci-fi thriller, Annihilation, played a popstar in Vox Lux, which debuted at the Venice Film Festival, executive produced and narrated the documentary, Eating Animals, and stars in Noah Hawley's untitled astronaut drama, in theaters at the end of 2019.
"Acting is a joyful experience. It's the act of empathy and play," said Portman. "You should be free to be creative, try new things and make mistakes. That is how I learned. In this class, I'm excited to share what I've pieced together over 25 years as an actress—things that have worked for me, things that I've seen work well for others, and things I figured out myself."
In her MasterClass, Portman will share her many approaches to acting for the screen. She'll teach students how building a character map becomes a useful technique to understanding a character's journey. Portman will also show how to work with the director and camera to create stronger performances by demonstrating how to work with other departments in a live scene. She'll also speak to navigating the fine line between taking direction while bringing your own ideas to the table.
Diving into case studies from two of her most notable films, Black Swan and Jackie, Portman will explain how she researches characters for both historical and fictional roles, how she builds the physicality and the consciousness of the character and how she defines the voice and nuances of dialect for different roles, while demonstrating training exercises with her dialect coach.
MasterClass continues to expand its catalogue into new categories, bringing leading instructors to its engaged base of subscribers. MasterClass provides educational, inspiring, and engaging classes taught by the world's greatest minds. With more than 50 classes that dive into processes, techniques and philosophies, MasterClass helps students progress more rapidly towards their own mastery, explore new passions, and learn new skills. It offers a unique learning experience, including video lessons, interactive exercises, course materials, peer interaction, and more. Students can subscribe for unlimited access to all new and existing classes through the All-Access Pass for $180 per year, or enroll in an individual class for a one time purchase of $90. The course can be accessed online at www.masterclass.com, the MasterClass mobile app for iOS and Android and Apple TV.
Academy Award Winning Makeup Artist Ve Neill Honored With "Excellence Award," Presented By Steve Carell For The Metropolitan Fashion Week Awards
HOLLYWOOD, Calif., Oct. 11, 2018/PRNewswire/HalcyonTV -- The Metropolitan Fashion Week (MetroFW) announced winners of its fashion and costume awards honoring outstanding achievements in fashion and costume design in motion pictures and television, during the 6th Annual Metropolitan Fashion Week Closing Gala and Fashion Awards, held at the iconic Los Angeles City Hall Forecourt and Rotunda on Saturday, October 6, 2018. Photos Available at: http://bit.ly/2QDRpBJ
Three-time Academy Awardâ winner Makeup Artist, VE NEILL (A Star Is Born, Beetlejuice, Mrs. Doubtfire) was honored with the "Excellence" Award. Presenting the award to Ms. Neill was actor STEVE CARELL, best known for The Office, The 40 Year-Old Virgin and Foxcatcher and star to the upcoming movies Beautiful Boy and Welcome to Marwen. America Next Top Model AVA CAPRA and Metropolitan Fashion Week Founder and President EDUARDO KHAWAM hosted the event, which was attended by over 1200 industry VIP's celebrities, costume and fashion designers.
Winners in the motion picture categories included a tie for Costume Designer of the Year – Motion Pictures: RUTH CARTER for her costume design in BLACK PANTHER (Marvel Studios) and MARY E. VOGT for her costume design in CRAZY RICH ASIANS (Warner Bros. Pictures); Costume Designer of the Year – Television: JACQUELINE DEMETERIO for her costume designs in YOUNGER (TV Land); Outstanding Ensemble For Make-Up Artist & Hair Stylist - Motion Picture or TV: JOEL HARLOW, CAMILLE FRIEND & KEN DIAZ for BLACK PANTHER (Marvel Studios); Fashion Designer of the Year: Fashion Designer DOUGLAS TAPIA (Venezuela).
Award presenters included former Miss Universe and actress ALICIA MACHADO; celebrated Hollywood Medium TYLER HENRY, who was also filming segments of the fourth season of his TV show Hollywood Medium; Telemundo52 - Acceso Total Host ELVA SARAY; and MetroFW Fashion Director NIVEEN HEATON among others. BEBE CORONEL and JAQUIE RIVERA performed the Academy Award Winning song "City of Stars" to celebrate the event's location in the heart of Los Angeles.
In addition to the Metropolitan Fashion Awards, the Gala showcased a unique, exclusive one-of-a-kind runway fashion show featuring Fashion Designers MELLARDI, Giovanni Testi, Erick Bendaña and introducing the Metropolitan Fashion Capsule Collection by Douglas Tapia, hats by Arturo Rios and makeup exclusively by Cinema Makeup School. A special segment of Haute Couture and Avant Garde Masterpieces was also showcased, inspired by the KING TUT: Treasures of the Golden Pharaoh Exhibit currently on display at the California Science Center, and designed by over 15 international fashion designers.
The show is produced and directed by EDUARDO KHAWAM, fashion expert, producer and TV personality for Telemundo and the CW, and Executive Producer PAUL JARAMILLO. During the 2018 Closing Gala MetroFW, NAZIK UTUCHIAN, Designers' Director, announced that next year's 2019 Metropolitan Fashion Week will be held at the iconic Los Angeles Memorial Coliseum. Dates to be announced.
ABOUT METROPOLITAN FASHION WEEK: Metropolitan Fashion Week events are held in dramatic, non-traditional venues that showcase not just best fashion designers or costume designs, but the most beautiful venues each city has to offer. MetroFW is one of the fastest growing fashion weeks in the United States, with shows in Seattle, Los Angeles and Las Vegas. Official video reel click here
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EMERYVILLE, Calif., July 6, 2016 /PRNewswire/ -- Gracenote®, the world's leading provider of entertainment data and subsidiary of Tribune Media Company (NYSE: TRCO), refreshes its medal count predictions for the upcoming 2016 Summer Olympic Games in Rio de Janeiro based on new developments which will affect the competition. Gracenote's Virtual Medal Table offers a look at the potential winners and losers of the 2016 Rio Olympics based on analysis of the most up-to-date team and athlete data, as well as recent rulings and news affecting the Games.
The International Association of Athletics Federations (I.A.A.F.) ruled on June 17th to ban the Russian Athletics (Track and Field) team from the upcoming Rio Olympics due to the illegal use of performance enhancing drugs. However, a more recent ruling enables individual Russian athletes who can prove they are "clean" to apply for permission to compete in Rio as neutral, independent athletes. According to Gracenote's predictions, these rulings taken together will cause Russia to win six fewer medals overall.
If the Games were held today and Russia's athletes do not take part, Gracenote's Virtual Medal Table predicts the following:
Other countries are predicted to see improvements from previous Olympic Games. According to Gracenote's current Virtual Medal Table:
Gracenote acquired Infostrada Sports and SportsDirect in May 2015 and launched Gracenote Sports. These acquisitions made Gracenote the first global provider of music, video and sports data, transforming the company into a one-stop data solutions provider serving a roster of top-tier customers around the world. Today, Gracenote Sports offers rich data on 4,500 of the world's most popular leagues and competitions as well as a deep trove of historical Olympics information going back to the very first modern games in 1896.
Berkeley, (CA) – In 1995 Doug Harris' film career started to launch. Becoming a multi award Winner with his documentaries as well as being a Berkeley native and former college basketball All American. With a Masters Degree from the California State University of Monterey Bay so led the journey to an Emmy Nominated filmmaker. This month is very special for Doug Harris as he has not one film but two films in circulation in the PBS lineup. "The Pete Newell Story", Basketball Guru and one of the greatest untold basketball stories of all time and "Fair Legislation- The Byron Rumford Story", is the story about the fair housing act in California. A three year long project. In the beginning of this project, Doug knew nothing until his mother who is very socially conscience started telling her son that he needed to do a story about Byron Rumford. Not knowing who Byron was, his mother gave Doug a book to read about Rumford. Doug eventually met Rumford's daughter asking her what did she think of Doug writing a documentary about her father Byron. The more Doug read about Byron the more Doug understood why his mother wanted to do this project. More importantly Doug's mom would have never been able to purchase the home that Doug grew up in - north Berkeley. A real special moment for Doug's mom when the premiere was celebrated in Sacramento at the State's capital in mid February. A film for her to see come full circle.
Some of the hurdles that were faced putting "Fair Legislation" together - Doug found it both odd and strange that during his research digs about the Pro Proposition 14 advocates to repeal, no one had any archival news footage of any protests from the 1964 General Election. No interviews or news reports of those in favor - the newscasts had interviewed lots of people. All except for one interview that was found which is in the documentary. Harris had the news logs but just could not find the footage on the film reels which would have made for a better documentary. Very controversial subject matter as at the time California was considered to be s liberal state.
How Much Has Changed: "It's a very complex situation with housing today," said Harris. A lot has changed. TheFair Housing Act allowed no segregation and restored in 1967, allowing minorities to purchase or rent in California. What you see from today allowing anyone to purchase or rent in more desirable areas. 7th Street in Oakland was the Black Mecca of the day. We are seeing the black population diminish in Oakland and Berkeley, "Can it or will it ever come back? "That's a tough question. With the spiraling rent on the East Bay, people are now being forced out further east or relocating back to where they originally came from - down south... A very complexed situation."
With his first commercial film titled, "Bounce", The Don Barksdale Story which aired on FOX Sports. Don was the Jackie Robinson of basketball that nobody knew of. He was the first black basketball player for the Olympic Basketball team in 1948 and the NBA All Stars in 1953. Harris made a documentary film about Don as he was the person who drafted Doug for the Golden State Warriors in 1983 and a personal friend. In 2012 this documentary helped to present the Don Barksdale Story to the world which in fact helped Don into the Naismith Memorial Basketball Hall of Fame.
Favorite Sports Documentary - "When We Were Kings"
George Foreman / Muhammad Ali.
What is next on your list: Next PBS documentary - "Called Up" the story of Emmett Ashford, the Major leagues first black umpire.
"Fair Legislation The Byron Rumford Story", has aired over 45 different PBS markets. Doug Harris owns his production company called - DougHarrisMedia.com. For more information about the days and times for your local listings go to PBS.org.